what he did of course is great for his already inflated stratospheric stock price, but what he also did may be perceived poorly by many blue collar and white collar workers. He clearly just put $$ as #1 priority over his employees. That's capitalism, but as a person, not an investor or even a customer, it just made me decide to NEVER buy a TELSA car. Will see how this plays out, but karma can go both ways, he could have bought on the open market at $250-$260 range before the layoffs, but he goes and lays off 9% and then overpays for stock. kind of funny and harsh reality that it may have unintended consequences. 3 other people i talked to shun this move bigtime and they themselves will never buy one of his products.
make your billions now MUSK, IMO, I think he shot himself in the foot with that move.
News 
Market Data 
Discover 
